Do you have plans to invest for commercial or residential purposes in India? If so, you should be well aware of the price trends of various cities in India. It is not an easy task to shortlist and purchase the best property due to various factors. You need to pass through various procedures to find out that you are buying the right genuine property. It is also necessary to purchase with a clear requirement. If you do not have a clear requirement in mind, it will be confusing to shortlist a property. We have shared the real estate status of top metro cities in India for your convenience.
Mumbai and its associated areas
There are chances to expect growth in certain residential areas like Kandivali, Goregaon, and Malad that is western suburbs. It is mainly because of the metro rail connection between Andheri and Dahisar. Other developing locations are Ghodbunder Road, Thane (Kalyan, Dombivai, Shilphata Road and Kanjumarg because of its feasible location. There is good metro connectivity in these regions and there are a lot of chances for real estate to boom in these regions.
In Pune, the sales would remain slow but at the same time, affordably priced projects would do well. Most consumers will focus to purchase from well known and established developers. Gahunge and Punawale in the western area and Wagholi in the eastern region are expected to be the main developing residential locations.
The sentiments of the buyers are recovering however it is mainly towards developers with best strong profiles. Most buyers would show interest in purchasing properties that are about to complete like Noida Extension and Section 150 located in Noida Expressway area and sectors of NH- 24 and new Gurugram in Ghaziabad.
There has not been any increase in the property prices in Kolkata. The main development areas of the cities include north-east, New Town, South West, and Joka regions and also other surrounding areas.